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Hitachi Energy India reports 92% fall in Q1 net profit

22 Jul 2022 Evaluate

Hitachi Energy India has reported results for first quarter ended June 30, 2022.

The company has reported fall of 91.78% in its net profit at Rs 1.34 crore for the quarter under review as compared to Rs 16.30 crore for the same quarter in the previous year. However, total income of the company increased by 24.41% at Rs 991.32 crore for Q1FY23 as compared Rs 796.82 crore for the corresponding quarter previous year.

Hitachi Energy is a global technology leader that is advancing a sustainable energy future for all.

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